Altech Company Presentation - ASX Spotlight Series Asia
Perth, Oct 25, 2016 AEST (ABN Newswire) - Altech Chemicals Ltd (
ASX:ATC) is pleased to provide its Company Presentation - ASX Spotlight Series Asia "Meeting a Sapphire Future".
Altech's HPA Process
- Use a standard HClleach process
- Developed in 1980's by alumina industry
- Couldn't compete with Bayer SGA costs
- But great at producing HPA (no sodium ions)
- However little demand of HPA in 1980s
- Demand of HPA is here today
Highly Attractive BFS
- Capital cost estimate US$78.7m
- Payback period 3.7 years
- Pre-tax NPV9of US$357.5m
- Highly attractive IRR of 33.3%
- Operating cost of US$9,070/t
- Sale price of US$23,000/t
- Margin of US$13,930/t
- EBITDA US$55.7m pa
Bottom Quartile for Op Costs
- Breakaway - competitors US$14-17,000 /t
1. We own our feedstock
2. Main reactant HCl re-used
3. Plant in low cost country (Malaysia)
Project Update
- HPA bank due diligence nearing completion
- No fatal flaws identified
- Positive pre-assessment German inter-ministerial committee
- Detailed design progressing as planned
- Permitting for Malaysian HPA plant commenced
- Mining proposal at Meckering
Timeframe to market
- Debt funding term sheet agreed Q1 2017
- Capital cost estimate avail half way through detailed design phase
- Project equity Q2 2017
- Site works commencing Q2 2017
- 18 months construction
- First product due early 2019
To view the presentation, please visit:
http://abnnewswire.net/lnk/3L60E76P
About Altech Batteries Ltd
Altech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.
The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.
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